XN000022-1977-09-01 — Page 8

MONEY SUPPLY

THURSDAY, SEPTEMBER 1, 1977

MONTH ENDED 31ST JULY, 1977

ADJUSTED FIGURES

FOR MONTH ENDED

30TH JUNE 1977

1. LEGAL TENDER COINS AND

NOTES IN CIRCULATION (A)

(1) COMMERCIAL BANK ISSUES (11) GOVERNMENT ISSUES

5,226

5,140

492

5,718

490 5,630

2. LICENSED BANKS' HOLDINGS OF LEGAL

TENDER COINS AND NOTES (B)

796

793

3. LEGAL TENDER COINS AND NOTES IN

HANDS OF NON-BANK PUBLIC (A) - (B) - (C)

4,922

4,837

4. DEMAND DEPOSITS WITH LICENSED

BANKS (D)

11,101

10,900

5. MONEY SUPPLY (DEFINITION 1)

(C) + (D) = (Ė)

16,023

15,737

6. TIME DEPOSITS WITH LICENSED BANKS

(F)

18,330

18,582

7. SAVINGS DEPOSITS WITH LICENSED

BANKS (G)

18,738

18,343

8. MONEY SUPPLY (DEFINITION 2)

(E) + (F) + (G) = (H)

53,091

52,662

THREE HEUNG YEE KUK SEATS TO BE FILLED

*****

THE NEW TERRITORIES HEUNG YEE KUK IS GOING TO THE POLLS LATER THIS YEAR TO ELECT THREE OFFICIALS.

BY-ELECTIONS WILL BE HELD TO FILL VACANCIES OF A SPECIAL COUNCILLOR FOR THE SOUTHERN DISTRICT, AN ORDINARY MEMBER OF THE EXECUTIVE COMMITTEE, AND THE VICE-CHAIRMAN FOR THE SOUTHERN DISTRICT.

THE SECRETARY FOR THE NEW TERRITORIES, MR. DAVID AKERS-JONES, WILL BE THE RETURNING OFFICER.

THE BY-ELECTIONS WILL BE HELD IN ACCORDANCE WITH THE HEUNG YEE KUK ORDINANCE.

ELECTION OF THE SPECIAL COUNCILLOR FOR THE SOUTHERN DISTRICT WILL TAKE PLACE ON OCTOBER 20, WHILE THAT OF THE OTHER TWO OFFICIALS WILL BE HELD ON NOVEMBER 3.

/ 8 .....