1891 — Page 222

(Q4)

AMOUNT OF PAPER CURRENCY IN CIRCULATION.

The Notos of the Chartered Mercantile Bank of India, London and China; the Chartered Bank of India, Australia and China; and the Hongkong and Shanghai Banking Corporation, iu circulation during the year ondling 31st Decomber, 1891, were in amount as follows :-

Mercantile Bank.

Bank of India, Australiu and China.

Hongkong und Shanghai Bank.

$

January,

1,149,836

1,355,205

3,503,946

February,..........

1,307,931

1,675,216

4,351,772

March,

1,076,938

1,431,526

8,852,140

April,

982,759

1,299,312

4,007,803

May,

864,897

1,139,770

3,870,608

June,

1,190,913

1,096,798

8,605,770

July,

1,228,994

1,043,916

3,489,258

August,

1,107,625

1,336,323

8,449,092

September,

1,225,874

1,246,233

3,367,670

October,

1,236,438

1,251,620

3,238,221

November,....

1,380,503

1,291,356

3,027,337

December,

1,438,745

1,382,665

3,078,447

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,