AnnualReport-1936 — Page 95

Administrative Reports 行政報告書 All AI Reviewed
Series Prev Next Source

A 39

NOTE CIRCULATION.

20. The average amount of Bank Notes in circulation and of Government Certificates of Indebtedness held by the three banks against their authorized issues during the month ending 31st December were as follows:

Notes in Circulation. Government Certificates of Indebtedness. Hong Kong and Shanghai Banking Corporation $124,863,771 $22,756,888 Chartered Bank of India, Australia and China $4,091,508 $8,300,000.00 Mercantile Bank of India, Ltd. $2,769,540.00 Total $151,712,167 $152,556,579.00

Under the authority of Ordinance No. 42 of 1935 the Government on the 11th November, 1935, commenced issuing $1 notes and on the 31st December, 1936, $2,300,000 were in circulation.

EXCHANGE.

21. The average monthly rates for sterling and Shanghai dollars were as follows:—

Sterling. Shanghai Dollar. January 1/3.461 106.260 February 1/3.500 106.900 March 1/3.495 106.933 April 1/3.609 107.652 May 1/3.560 107.606 June 1/3.310 106.500 July 1/3.202 105.649 August 1/2.813 102.625 September 1/2.778 102.785 October 1/2.798 102.6125 November 1/2.845 102.161 December 1/2.883 102.182

The opening rate of the year on January 2nd was 1/3 d., the closing rate on December 31st was 1/27. The lowest rate quoted during the year was 1/2 on 9th September, and the highest rate 1/3 on the 4th April.

Edit History

2026-05-10 01:06:49 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
Live
View comparison
AI Proofread
A 39 NOTE CIRCULATION. 20. The average amount of Bank Notes in circulation and of Government Certificates of Indebtedness held by the three banks against their authorized issues during the month ending 31st December were as follows: Notes in Circulation. Government Certificates of Indebtedness. Hong Kong and Shanghai Banking Corporation $124,863,771 $22,756,888 Chartered Bank of India, Australia and China $4,091,508 $8,300,000.00 Mercantile Bank of India, Ltd. $2,769,540.00 Total $151,712,167 $152,556,579.00 Under the authority of Ordinance No. 42 of 1935 the Government on the 11th November, 1935, commenced issuing $1 notes and on the 31st December, 1936, $2,300,000 were in circulation. EXCHANGE. 21. The average monthly rates for sterling and Shanghai dollars were as follows:— Sterling. Shanghai Dollar. January 1/3.461 106.260 February 1/3.500 106.900 March 1/3.495 106.933 April 1/3.609 107.652 May 1/3.560 107.606 June 1/3.310 106.500 July 1/3.202 105.649 August 1/2.813 102.625 September 1/2.778 102.785 October 1/2.798 102.6125 November 1/2.845 102.161 December 1/2.883 102.182 The opening rate of the year on January 2nd was 1/3 d., the closing rate on December 31st was 1/27. The lowest rate quoted during the year was 1/2 on 9th September, and the highest rate 1/3 on the 4th April.
Baseline (Original)
A 39 NOTE CIRCULATION. 20. The average amount of Bank Notes in circulation and of Government Certificates of Indebtedness held by the three banks against their authorized issues during the month ending 31st December were as follows: Notes in Circulation. Government Certificates of Indebtedness. Hong Kong and Shanghai Banking Corporation Chartered Bank of India, Australia and China Mercantile Bank of India, Ltd. $ 124,863,771 $141,487,039.00 22,756,888 4,091,508 8,300,000.00 2,769,540.00 Total .$ 151,712,167 $ 152,556,579.00 Under the authority of Ordinance No. 42 of 1935 the Government on the 11th November, 1935, commenced issuing $1 notes and on the 31st December, 1936, $2,300,000 were in circulation. EXCHANGE. 21. The average monthly rates for sterling and Shanghai dollars were as follows:— January February March April May June July August September October November December Sterling. Shanghai Dollar. 1/3.461 106.260 1/3.500 106.900 1/3.495 106.933 1/3.609 107.652 1/3.560 107.606 1/3.310 106.500 1/3.202 105.649 1/2.813 102.625 1/2.778 102.785 1/2.798 102.6125 1/2.845 102.161 1/2.883 102.182 The opening rate of the year on January 2nd was 1/3 d., the closing rate on December 31st was 1/27. The lowest rate quoted during the year was 1/2 on 9th September, and the highest rate 1/3 on the 4th April.
2026-05-10 01:06:49 · Baseline
View content

A 39

NOTE CIRCULATION.

20. The average amount of Bank Notes in circulation and of Government Certificates of Indebtedness held by the three banks against their authorized issues during the month ending 31st December were as follows:

Notes in

Circulation.

Government

Certificates of

Indebtedness.

Hong Kong and Shanghai

Banking Corporation

Chartered Bank of India,

Australia and China

Mercantile Bank of India,

Ltd.

$ 124,863,771 $141,487,039.00

22,756,888

4,091,508

8,300,000.00

2,769,540.00

Total

.$ 151,712,167 $ 152,556,579.00

Under the authority of Ordinance No. 42 of 1935 the Government on the 11th November, 1935, commenced issuing $1 notes and on the 31st December, 1936, $2,300,000 were in circulation.

EXCHANGE.

21. The average monthly rates for sterling and Shanghai dollars were as follows:—

January February

March

April May June

July

August

September

October

November

December

Sterling.

Shanghai Dollar.

1/3.461

106.260

1/3.500

106.900

1/3.495

106.933

1/3.609

107.652

1/3.560

107.606

1/3.310

106.500

1/3.202

105.649

1/2.813

102.625

1/2.778

102.785

1/2.798

102.6125

1/2.845

102.161

1/2.883

102.182

The opening rate of the year on January 2nd was 1/3 d., the closing rate on December 31st was 1/27. The lowest rate quoted during the year was 1/2 on 9th September, and the highest rate 1/3 on the 4th April.

Comments

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

No comments yet.

Private Research Note

Private notes are available after approval.