1908 — Page 421

(R3)

LAW AFFECTING CURRENCY.

1. Ordinance No. 4 of 1865, sections 13 and 20.—This Ordinance relates to the offence of forging Bank Note

2. Ordinance No. 7 of 1865.-Offences against Coinage.

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

4. Order in Council of 2nd February, 1895, published in Government Gazette Extraordinary of 30th Marel

1895, declares that Mexican Dollars, Hongkong Dollars and British Dollars or other Silver Dollars of equivalen

value duly authorised by the Governor of Hongkong shall be the only legal tender, and provides that Silver Coit

representing some multiple of the cent or one hundredth part of the said Dollars shall be a legal tender for nu sum not exceeding Two Dollars, and that Copper or Bronze Coins representing the cent or one-hundredth par or the mil or cash representing one-thousandth part of the Dollar shall be a legal tender for any sum not exceedin

One Dollar.

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

1. The Silver Dollar of Mexico,

2. The Ilongkong Dollar and Half-Dollar issued from Her Majesty's Mint at Hongkong.

3. The British Dollar.

4. Silver Coins issued from His Majesty's Mint, representing—

(i) One-half of the said Dollar, commonly called Fifty-Cent Piece;

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(ii) One-fifth part of the said Dollar, commonly called Twenty-Cont Piece (iii) One-tenth part of the said Dollar, commonly called Ten-Cent Piece; (iv) One-twentieth part of the said Dollar, commonly called Five-Cent Piece; and

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

(i) One-hundrødth part of said Dollar, and commonly called One Cent; and

(ii) One-thousandth part of said Dollar, and commouly called Mil or Cash,

The Army rate of exchanga for issue of Silver Dollars to His Majesty's Troops is now fixed quarterly by th

Imperial Treasury.

The rate for first quarter of 1908 was 2/2, for second quarter 1/10, for third quarter 1/10, and for fourth quarte

1/9 per Dollar.

AMOUNT OF COIN IN CIRCULATION.

Approximate amount of Ilongkong Dollars and II sif-Dollars struck at the Hongkong Mint,......$ 1,421,487.() Approximate amount of Hongkong Silver aul Copper Subsidiary Coins (50, 20, 10 and 5- Cent pieces; and 1-Cent and Mil piecos) put into circulation up to 31st December, 1908, ....

Amount withdrawn from circulation and so'd as bullion, 1908,

} $ 43,999,830).()

533,978.0