1908 — Page 422

(R 4)

AMOUNT OF PAPER CURRENCY IN CIRCULATION.

The notes of the Chartered Bank of India, Australia and China, the Hongkong and Shanghai Banking Corporation, and the National Bank of China, Limited, in circulation during the year ending 31st December, 1908, were in amount as follows :—-

Chartered Bank

Hongkong and

Corporation.

National Bank

of India, Australia | Shanghai Banking of China, Limited.

and China.

January,

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

4,124,869

16,444,055

349,059

4,021,672

16,391,369

344,641

Marchi,

3,666,781

15,064,634

305,610

April,

3,699,885

14,893,407

239,560

May,

3,693,358

14,470,231

204,635

Jave,

3,661,452

13,959,440

156,522

July,

3,668,772

15,023,636

126,914

August,

3,765,479

14,594,184

108,230

September,

3,935,775

15,319,673

96,221

October,

3,723,743

15,246,894

86,114

November,.....

3,632,097

15,915,287

79,184

December, ***...........................................

3,735,318

16,776,952

73,056

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 Secretary of Stato for

the Colonies,

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