AnnualReport-1919 — Page 39

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A (1) 3

# GENERAL REMARKS.

9. Except the abolition at the half-year of the Special War Rate there was no alteration of importance in taxation during 1919.

10. The total receipts and payments in the Treasury books during the year were $55,626,820 and $56,841,968 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Subsidiary Coin, Unallocated Stores, etc.

11. Subsidiary coins in stock on the 31st December were as follows:-

50 cents, $ 5,994 20 36,111 10 675,568 5 100,092 Copper, 24,753 $ 843,118

The nominal amount of coins in circulation is $20,764,370, and the market value is now practically par.

12. The local circulation in December of notes of the three Banks having authorized issues was as follows:--

Hongkong & Shanghai Banking Corporation, $24,874,290 Chartered Bank of India, Australia & China, 10,454,944 Mercantile Bank of India, Limited, 969,276 $36,298,510

The specie in Reserve came to $22,550,000.

13. The rate of exchange for the Estimates was taken at 3/- whereas the average rate for purposes of conversion in the Treasury books was 3/82.

5th June, 1920.

D. W. TRATMAN,

Treasurer.

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A (1) 3 # GENERAL REMARKS. 9. Except the abolition at the half-year of the Special War Rate there was no alteration of importance in taxation during 1919. 10. The total receipts and payments in the Treasury books during the year were $55,626,820 and $56,841,968 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Subsidiary Coin, Unallocated Stores, etc. 11. Subsidiary coins in stock on the 31st December were as follows:- 50 cents, $ 5,994 20 36,111 10 675,568 5 100,092 Copper, 24,753 $ 843,118 The nominal amount of coins in circulation is $20,764,370, and the market value is now practically par. 12. The local circulation in December of notes of the three Banks having authorized issues was as follows:-- Hongkong & Shanghai Banking Corporation, $24,874,290 Chartered Bank of India, Australia & China, 10,454,944 Mercantile Bank of India, Limited, 969,276 $36,298,510 The specie in Reserve came to $22,550,000. 13. The rate of exchange for the Estimates was taken at 3/- whereas the average rate for purposes of conversion in the Treasury books was 3/82. 5th June, 1920. D. W. TRATMAN, Treasurer.
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A (1) 3 GENERAL REMARKS. 9. Except the abolition at the half-year of the Special War Rate there was no alteration of importance in taxation during 1919. 10. The total receipts and payments in the Treasury books during the year were $55,626,820 and $56,841,968 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Subsidiary Coin, Unallocated Stores, etc. 11. Subsidiary coins in stock on the 31st December were as follows:- 50 cents, 20 10 5 "" >" "} Copper, $ 5.994 36,111 675,568 100,092 24,753 $843,118 The nominal amount of coins in circulation is $20,764,370, and the market value is now practically par. 12. The local circulation in December of notes of the three Banks having authorized issues was as follows:-- Hongkong & Shanghai Banking Corporation, $24,874,290 Chartered Bank of India, Australia & China, Mercantile Bank of India, Limited, The specie in Reserve came to... 10,454,944 969,276 $36,298,510 $22,550,000 13. The rate of exchange for the Estimates was taken at 3/- whereas the average rate for purposes of conversion in the Treasury books was 3/82. 5th June, 1920. D. W. TRATMAN, Treasurer.
2026-05-06 19:40:08 · Baseline
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A (1) 3

GENERAL REMARKS.

9. Except the abolition at the half-year of the Special War Rate there was no alteration of importance in taxation during 1919.

10. The total receipts and payments in the Treasury books during the year were $55,626,820 and $56,841,968 respectively. The figures not accounted for under revenue and expenditure relate to transactions under various heads such as Deposits, Advances, Subsidiary Coin, Unallocated Stores, etc.

11. Subsidiary coins in stock on the 31st December were as follows:-

50 cents,

20

10

5

""

>"

"}

Copper,

$

5.994

36,111

675,568

100,092

24,753

$843,118

The nominal amount of coins in circulation is $20,764,370, and the market value is now practically par.

12. The local circulation in December of notes of the three Banks having authorized issues was as follows:--

Hongkong & Shanghai Banking Corporation, $24,874,290 Chartered Bank of India, Australia & China,

Mercantile Bank of India, Limited,

The specie in Reserve came to...

10,454,944

969,276

$36,298,510

$22,550,000

13. The rate of exchange for the Estimates was taken at 3/- whereas the average rate for purposes of conversion in the Treasury books was 3/82.

5th June, 1920.

D. W. TRATMAN,

Treasurer.

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