AnnualReport-1928 — Page 46

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 authorised issues were as follows on 31st December:-

Notes in Circulation. Specie in Reserve. Hong Kong and Shanghai Banking Corporation $45,161,419 $34,000,000 Chartered Bank of India, Australia and China 15,022,149 5,900,000 Mercantile Bank of India, Ltd. 1,782,294 660,000 $61,965,862 $40,560,000

12. The rate of exchange for the Estimates was taken at 1s. 11d. whereas the average rate for purpose of conversion in the Treasury books was 2s. 0¼d.

C. McI. MESSER,
Colonial Treasurer.
17th May, 1929.

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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 and Shanghai Banking Corporation $45,161,419 $34,000,000 Chartered Bank of India, Australia and China 15,022,149 5,900,000 Mercantile Bank of India, Ltd. 1,782,294 660,000 $61,965,862 $40,560,000 12. The rate of exchange for the Estimates was taken at 1s. 11d. whereas the average rate for purpose of conversion in the Treasury books was 2s. 0¼d. C. McI. MESSER,Colonial Treasurer.17th May, 1929.

Baseline (Original)

- A (1) 6 —– 11. The local circulation of notes and Specie in Reserve of the three banks having authorised issues were as follows on 31st December:- Hong Kong and Shanghai Banking Corporation Chartered Bank of India, Australia and China Mercantile Bank of India, Ltd. Notes in Circulation. Specie in Reserve. $45,161,419 $34,000,000 15,022,149 5,900,000 1,782,294 660,000 $61,965,862 $40,560,000 12. The rate of exchange for the Estimates was taken at 18. 11d. whereas the average rate for purpose of conversion in the Treasury books was 2s. 01d. C. McI. MESSER, Colonial Treasurer. 17th May, 1929.

2026-05-07 23:16:40 · Baseline

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- A (1) 6 —–

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

Hong Kong and Shanghai

Banking Corporation

Chartered Bank of India,

Australia and China

Mercantile Bank of India,

Ltd.

Notes in

Circulation.

Specie in Reserve.

$45,161,419 $34,000,000

15,022,149 5,900,000

1,782,294

660,000

$61,965,862 $40,560,000

12. The rate of exchange for the Estimates was taken at 18. 11d. whereas the average rate for purpose of conversion in the Treasury books was 2s. 01d.

C. McI. MESSER,

Colonial Treasurer.

17th May, 1929.

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