1889 — Page 215

(Q4)

AMOUNT OF PAPER CURRENCY IN CIRCULATION.

The Notes of the Chartered Mercantile Bank of India, Londou and China; the Chartered Bank of India, Australia and China; and the Hongkong und Shanghai Banking Corporation, in circulation during the year ending 31st December,' 1839, were in amount as follows :~

Mercantile Bank,

Bank of India. Australia and China,

Hongkong and Shanghai Bank.

Jaumury.

1,516,395

1.65.1.238

3,253,598

February,

1,510,157

1,646,458

8,548.223

March,

1,891,403

1,154,129

2,943,179

April.

1,235,156

1,471,060

3,105,001

May,

1,274,596

1,591,280

2.817.920

June,..

1,282,320

1,648,047

3,180,404

July,

1,35 4,339

1.6244.261

3,026,243

August.....

1.412,732

1,186,896

9,077,970

September,

1,482,972

1,748,150

3,174,704

October,

1,390,312

1,696,083

8.880,146

November,

1,303,797

1,466,413

3,695,187

December......................

1,202,855

1,159,290

3,474,485

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 Meresatile establishments are und have been always kept in Dollars.