1911 — Page 494

(R 4)

AMOUNT OF PAPER CURRENCY IN CIRCULATION.

The notes of the Chartered Bank of India, Australia and China, the Hongkong and Slangbai Banking Corporation, and the National Bank of Chius, Limited, in eireulution during the year ending 31st Decomber,.

1911, were in amount as follows:-

Chartered Bank

of India, Australiu | Shanghai Banking

and China.

Hongkong and

Corporation,

National Bank of China, Limited.

January.

February.......

6,563,447

15,276,331

26,580

1

6,559,334

15,111,317

28,755

March,

6,072,597

13,281,033

25,355

April,

5,624,339

i

13,492,750

24,815

May,

5,147,444

13,392,598

24,520

June,

5,058,001

14,113,117

July,

6,287,673

15,714,178

August,

6,310,653

15,952,986

September,

5,684,108

15,952,250

October,

5,487,803

17,053,694

November,

5,378,474

20,619,617

December,

6,024,987

21,707,242

ACCOUNTS KEPT IN.

The Accounts of the Colonial Government were formerly kept in Sterling, but from the 1st July, 1867,

they have been kept in Dollars, in accordance with instructions from Her Majesty's Scorelary of State for

the Colonies.

The Accounts of the mercantile establishments are and have boon always kept in Dollars.