HKG-CAR1844-1886 — Page 730

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1841-1886

PAPERS RELATING TO

19.—EXCHANGES, MONEYS, WEIGHTS AND MEASURES.

Exchange.

The rate of exchange on four months' bills on London fell from 3s. 4¼d. per dollar on the 4th January 1886 to 3s. 0¼d. on the 4th August. In the month of December following the rate had risen to 3s. 4¼d.

Currency.

The law affecting currency has remained unchanged.

Bank Notes.

The bank notes in circulation in Hong Kong during the last five years, as furnished by the managers of the respective banks, were as follows:-

Years. Average Amount. Specie in Reserve. 1882 $4,253,367 $1,536,666 1883 $5,099,661 $1,779,166 1884 $4,214,787 $1,810,833 1885 $4,080,071 $2,000,833 1886 $4,368,705 $2,138,333

Money Circulation.

The approximate amount of coin put into circulation up to 31st December 1886 was as follows:-

Hong Kong dollars and half dollars struck at the Hong Kong Mint $1,421,487 Hong Kong silver and copper subsidiary coins (20, 10, and 5 cent pieces; and 1 cent and mil pieces) $1,983,881

The importation of copper coin has been discontinued.

Weights and Measures.

The weights and measures in use in the Colony are regulated by Ordinance 8 of 1885.

20.—IMPORTS AND EXPORTS.

There being no Custom House it is not possible to furnish an account of the imports and exports.

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1841-1886 PAPERS RELATING TO 19.—EXCHANGES, MONEYS, WEIGHTS AND MEASURES. Exchange. The rate of exchange on four months' bills on London fell from 3s. 4¼d. per dollar on the 4th January 1886 to 3s. 0¼d. on the 4th August. In the month of December following the rate had risen to 3s. 4¼d. Currency. The law affecting currency has remained unchanged. Bank Notes. The bank notes in circulation in Hong Kong during the last five years, as furnished by the managers of the respective banks, were as follows:- Years. Average Amount. Specie in Reserve. 1882 $4,253,367 $1,536,666 1883 $5,099,661 $1,779,166 1884 $4,214,787 $1,810,833 1885 $4,080,071 $2,000,833 1886 $4,368,705 $2,138,333 Money Circulation. The approximate amount of coin put into circulation up to 31st December 1886 was as follows:- Hong Kong dollars and half dollars struck at the Hong Kong Mint $1,421,487 Hong Kong silver and copper subsidiary coins (20, 10, and 5 cent pieces; and 1 cent and mil pieces) $1,983,881 The importation of copper coin has been discontinued. Weights and Measures. The weights and measures in use in the Colony are regulated by Ordinance 8 of 1885. 20.—IMPORTS AND EXPORTS. There being no Custom House it is not possible to furnish an account of the imports and exports. 711 Page 730 Page 731

Baseline (Original)

1841-1886 PAPERS RELATING TO 19.-EXCHANGES, MONEYS, WEIGHTS AND MEASURES. Exchange. The rate of exchange on four months' bills on London fell from 38. 44d. per dollar on the 4th January 1886 to 3s. 01d. on the 4th August. In the month of December following the rate had. risen to 38. 41d. Currency. The law affecting currency has remained unchanged. Bank Notes. The bank notes in circulation in Hong Kong during the last five years, as furnished by the managers of the respective banks, were as follows:- 1882 1883 1884 1885 1886 Years. Average Amount. Specic in Reservo. 8 $ 4,253,367 1,536,666 5,099,661 1,779,166 4,214,787 1,810,833 4,080,071 2,000,833 4,368,705 2,138,333 Money Circulation. The approximate amount of coin put into circulation up to 31st December 1886 was as follows:- Hong Kong dollars and half dollars struck at the Hong Kong Mint Hong Kong silver and copper subsidiary coins (20, 10, and 5 cent pieces; and 1 cent and mil pieces) - $1,421,487 - $1,983,881 The importation of copper coin has been discontinued. Weights and Measures. The weights and measures in use in the Colony are regulated by Ordinance 8 of 1885. 20.—IMPORTS AND EXPORTS. There being no Custom House it is not possible to furnish an account of the imports and exports. 711 Page 730Page 731

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1841-1886

PAPERS RELATING TO

19.-EXCHANGES, MONEYS, WEIGHTS AND MEASURES.

Exchange.

The rate of exchange on four months' bills on London fell from 38. 44d. per dollar on the 4th January 1886 to 3s. 01d. on the 4th August. In the month of December following the rate had. risen to 38. 41d.

Currency.

The law affecting currency has remained unchanged.

Bank Notes.

The bank notes in circulation in Hong Kong during the last five years, as furnished by the managers of the respective banks, were as follows:-

1882

1883

1884

1885

1886

Years.

Average Amount.

Specic in Reservo.

4,253,367

1,536,666

5,099,661

1,779,166

4,214,787

1,810,833

4,080,071

2,000,833

4,368,705

2,138,333

Money Circulation.

The approximate amount of coin put into circulation up to 31st December 1886 was as follows:-

Hong Kong dollars and half dollars struck

at the Hong Kong Mint

Hong Kong silver and copper subsidiary coins (20, 10, and 5 cent pieces; and 1 cent and mil pieces)

- $1,421,487

- $1,983,881