AnnualReport-1927 — Page 43

Administrative Reports 行政報告書 All AI Reviewed

-A (1) 6

The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par.

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

Notes in Circulation. Specie in Reserve. Hong Kong & Shanghai Banking Corporation $47,195,645 $34,000,000 Chartered Bank of India, Australia and China 15,755,477 5,800,000 Mercantile Bank of India... 1,855,310 660,000 $64,806,432 $40,460,000

12. The rate of exchange for the Estimates was taken at 2/--and this proved to be the average rate for purpose of conversion in the Treasury books.

21st April, 1928.

C. McI. MESSER.
Treasurer.

Edit History

2026-05-07 14:22:28 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
Live
View comparison
AI Proofread
-A (1) 6 The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par. 11. The local circulation of notes and Specie in Reserve of the three Banks having authorised issues were as follows on 31st December:- Notes in Circulation. Specie in Reserve. Hong Kong & Shanghai Banking Corporation $47,195,645 $34,000,000 Chartered Bank of India, Australia and China 15,755,477 5,800,000 Mercantile Bank of India... 1,855,310 660,000 $64,806,432 $40,460,000 12. The rate of exchange for the Estimates was taken at 2/--and this proved to be the average rate for purpose of conversion in the Treasury books. 21st April, 1928. C. McI. MESSER.Treasurer.
Baseline (Original)
-A (1) 6 - The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par. 11. The local circulation of notes and Specie in Reserve of the three Banks having authorised issues were as follows on 31st December:- Specie in Reserve. Notes in Circulation. Hong Kong & Shanghai Banking Corporation Chartered Bank of India, Australia and China $47,195,645 $34,000,000 15,755,477 5,800,000 Mercantile Bank of India ... 1,855,310 660,000 $64,806,432 $40,460,000 12. The rate of exchange for the Estimates was taken at 2/--and this proved to be the average rate for purpose of con- version in the Treasury books. 21st April, 1928. C. McI. MESSER. Treasurer.
2026-05-07 14:22:28 · Baseline
View content

-A (1) 6

-

The nominal amount of coins in circulation was $17,914,370 and the market value stood practically at par.

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

Specie in Reserve.

Notes in Circulation.

Hong Kong & Shanghai

Banking Corporation

Chartered Bank of India,

Australia and China

$47,195,645 $34,000,000

15,755,477 5,800,000

Mercantile Bank of India ... 1,855,310

660,000

$64,806,432 $40,460,000

12. The rate of exchange for the Estimates was taken at 2/--and this proved to be the average rate for purpose of con- version in the Treasury books.

21st April, 1928.

C. McI. MESSER.

Treasurer.

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.