1906 — Page 410

(R3)

LAW AFFECTING CURRENCY.

1. Ordinance No. 4 of 1865, sections 13 and 20.—This Ordinance relutes to the offence of forging Bank Notes, 2. Ordinance No. 7 of 1865.—Offences against Coinage.

3. Ordinance No. 7 of 1895,—Defacing or Chopping British Dollars.

4. Ordre in Couvil of 2nd February, 1895, published in Government Gazette Extraordinary of 3011h Muruli, 1895, declares thut Mexican Dollars, Hongkong Dollars and British Dollers or other Silver Dollars of equivalent valne duly authorized by the Governor of Hongkong shall be the only legal tomber, and provides that Silver Coins representing some multiple of the cent or one-hundredth jourt of the mid Dollars shall be a legal tomler for any sum nd exceeding Two Dollars, mud ilmi Copper or Bronze Coins representing the vent or one-limodredili jurt,

or the mil or cash represouting one-thousandth part of the Dollar shall be a legal tender for any sum neit

excoeding Que Dallar.

The above Currency consists of the following Coins, viz. :—

1. The Silvor Dollar of Mexico.

2. The Hongkong Doler and Hall-Dolfur issued from Her Majesty's Mint at Hongkong.

8. The British Dollar.

4. Silver Coius issuest from His Majesty's Mint, representing—

(i) One-half of the soil Dollar, commonly called Fifty-Cent Piece:

(IF) Que-fifth part of the sail Dellar, commonly called Twenty-Cent Piece :

(iii) One-tenth part of the said Dollar, commonly called Ten-Cent Piece:

(iv) Que-twentieth part of the suid Dollur, commonly cullol Five-Cont Picrc: amul

5. Copper or Bronze Coins, also issned from His Majesty's Mint representing—

(1) One-hundredth part of said Dollar, and commonly called One Cont; mal

(ii} One-thousandth part of said Dollar, nud commnuuly called Mit or Cnsh.

The Army rates of exchange for issue of Silver Dollars to His Majesty's Troups is now fixed quarterly by

be imperial Treasury,

The rate for first quartar of 1905 was 2-, for second quarter 21, for third quarter 22, and for fourth

Joerior 22 per Dollar.

AMOUNT OF COIN IN CIRCULATION.

Approximate amount of Hongkong Dollars and Half-Dollars strnek at the Hongkong Mint,...$1,421,187.10) Apquorhinate amount of Hongkong Silver and Copper Subsidiary Coins (30, 20, 10 and 5- 1 Com picees & and 1-Cont end Mil pieces) put into circulation up to 31st December, 1906,

$43,999,830.00)