AnnualReport-1925 — Page 48

Administrative Reports 行政報告書 All AI Reviewed

11. The local circulation of notes and Specie in Reserve of the three Banks having authorized issues were as follows on 31st December:

Notes in Circulation Specie in Reserve. Hongkong & Shanghai Banking Corporation... $45,332,993 $33,500,000 Chartered Bank of India, Australia & China 14,587,808 5,000,000 Mercantile Bank of India, Limited 1,459,875 550,000 $61,380,676 $39,050,000

12. The rate of exchange for the Estimates was taken at 2/3 whereas the average rate for purposes of conversion in the Treasury books was 2/4.

7th May, 1925.

C. McI. MESSER.
Treasurer.

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11. The local circulation of notes and Specie in Reserve of the three Banks having authorized issues were as follows on 31st December: Notes in Circulation Specie in Reserve. Hongkong & Shanghai Banking Corporation... $45,332,993 $33,500,000 Chartered Bank of India, Australia & China 14,587,808 5,000,000 Mercantile Bank of India, Limited 1,459,875 550,000 $61,380,676 $39,050,000 12. The rate of exchange for the Estimates was taken at 2/3 whereas the average rate for purposes of conversion in the Treasury books was 2/4. 7th May, 1925. C. McI. MESSER.Treasurer.
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A (0) 7 11. The local circulation of notes and Specie in Reserve of the three Banks having authorized issues were as follows on 31st December:~ Hongkong & Shanghai Banking Corporation... ... ... Chartered Bank of India, Aus- tralia & China Mercantile Bank of India, Limited Notes in Circulation Specie in Reserve. $45,332,993 $33,500,000 ... 1 14,587,808 5,000,000 1,459,875 550,000 $61,380,676 $39,050,000 12. The rate of exchange for the Estimates was taken at 2/3 whereas the average rate for purposes of conversion in the Treasury books was 2/4. 7th May, 1925. C. McI. MESSER. Treasurer.
2026-05-07 08:38:44 · Baseline
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A (0) 7

11. The local circulation of notes and Specie in Reserve of the three Banks having authorized issues were as follows on 31st December:~

Hongkong & Shanghai Banking

Corporation...

...

...

Chartered Bank of India, Aus-

tralia & China

Mercantile Bank of India, Limited

Notes in Circulation

Specie in Reserve.

$45,332,993 $33,500,000

...

1

14,587,808

5,000,000

1,459,875

550,000

$61,380,676 $39,050,000

12. The rate of exchange for the Estimates was taken at 2/3 whereas the average rate for purposes of conversion in the Treasury books was 2/4.

7th May, 1925.

C. McI. MESSER.

Treasurer.

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