1886 — Page 206

(Q4)

AMOUNT OF PAPER CURRENCY IN CIRCULATION.

The Notes of the Chartered Mercantile Bank of India, London and China; the Chartered Bank of India, Australia and Chins; and the Hongkong and Shanghai Banking Corporation, in circulation during the year ending 31st December, 1886, were in amount as follows:-

Mercantile Bank.

Bank of India, Australia and China.

Hongkong and Shongkai Bank.

January,

424,857

1,320,681

2,798,565

February,

442,184

1,368,868

3,955,857

March.....

379,981

1,222,116

2,718,774

April,.....

387,598

1,062,103

2,666,000

May,

477,505

1,149,658

2,621,387

June,

555,185

1,099,523

2,559,600

July,

534,599

1,282,977

2,785,226

August,...

763,705

1,130,761

2,451,807

September,

716,880

1,091,370

. 2,462,453

October,

715,380

1,068,179

2,484,839

November,

789,957

1,072,457

2,836,033

December,

797,345

1,152,281

2,327,774

ACCOUNTS KEPT IN.

The Accounts of the Colonial Government were formerly kept in Sterling, but from the 1st July, 1862, they have been kept in Dollars, in accordance with instructions from Her Majesty's Principal Secretary of State for

the Colonies.

The Accounts of the Mercantile establishments are and have been always kept in Dollars.