A (1) 19
Interest in arrears on 31st December, 1926
$117,369.42
206,818.64
31st December, 1927
31st December, 1928
321,121.10
11
31st December, 1929
416,237.93
31st December, 1930
398,641.94
19
? 1
31st December, 1931
307,152.89
31st December, 1932
209,087.15
1,
Total number of Loans issued since 16th November, 1925 ... 302
Less number redeemed in 1926... 91
C
17
"1
34
1927.. 85
1
1928. 87
1929.. 29
1930. 35
1931... 13
1932... 11
294
8
Number of Loans outstanding on 31st December, 1932
## PUBLIC DEBT.
23. The inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £832,751 as against £761,447 at the end of 1931.
The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. $3,000,000 of this loan was issued locally at par on November 1st 1927. The second issue was made on November 1st 1928 at a premium of 3%— Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £125,792 as against £98,036 at the end of 1931.
## NOTE CIRCULATION.
24. The local circulation of notes and specie in Reserve of the three banks having authorized issues were as follows at 31st December:-
Note in Circulation. Specie in Reserve. Hong Kong & Shanghai Banking Corporation $130,222,853 $112,000,000 Chartered Bank of India, Australia and China 21,058,643 8,300,000 Mercantile Bank of India Limited 2,330,109 1,350,000 Total $153,611,605 $121,650,000- A (1) 19
Interest in arrears on 31st December, 1926
$117,369.42
206,818.64
31st December, 1927
>>
""
31st December, 1928
321,121.10
11
31st December, 1929
416,237.93
31st December, 1930
398,641.94
19
? 1
31st December, 1931
307,152.89
31st December, 1932
209,087.15
1,
Total number of Loans issued since 16th November, 1925 ... 302
Less number redeemed in 1926...
91
"}
""
C
17
>>
"1
34
1927..
85
1
1928.
87
1929..
29
"}
1930.
35
1931...
13
1932...
11
294
8
Number of Loans outstanding on 31st December, 1932
PUBLIC DEBT.
23. The inscribed Stock Loans of 1893 and 1906 amounted to £1,485,733 and the Sinking Fund stood at £832,751 as against £761,447 at the end of 1931.
The Public Works Loan (Ordinance No. 14 of 1927) amounted to $4,927,000. $3,000,000 of this loan was issued locally at par on November 1st 1927. The second issue was made on Novem- ber 1st 1928 at a premium of 3%- Bonds to the nominal value of $1,927,000 being allotted. The Sinking Fund amounted to £125,792 as against £98,036 at the end of 1931.
NOTE CIRCULATION.
24. The local circulation of notes and specie in Reserve of the three banks having authorized issues were as follows at 31st December:-
Note in Circulation.
Specie in Reserve.
Hong Kong & Shanghai Banking
Corporation
Chartered Bank of India, Australia
and China
$130,222,853 $112,000,000
21,058,643
8,300,000
Mercantile Bank of India Limited
2,330,109
1,350,000
Total
$153,611,605 $121,650,000
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