PHILIPPINE ISLANDS
BANKING AND COINAGE
D9
Among the principal banking institutions doing business in the Islands, are the National City Bank of New York, the Hongkong and Shanghai Banking Corporation, the Chartered Bank of India, Australia & China, the Yokohama Specie Bank, the Philippine National Bank, the Peoples Bank and Trust Co., the China Banking Corporation, the Bank of the Philippine Islands, and the Philippine Trust Co.
The coins used in the Philippine Islands are of the following denominations:- Peso, one-half peso (50 centavos), peseta (20 centavos), media peseta (10 centavos), five centavos, and one centavo.
The Philippine Commission maintained this parity by passing the Gold Standard Act on October 10th, 1903. The new peso coined contains 20 grammes of silver, .800 fine; the 50 centavo piece contains 10 grammes of silver, .750 fine; 20-centavo piece, four grammes of silver, .750 fine; and the 10-centavo piece, two grammes of silver, .750 fine.
The paper money is issued in 1, 2, 5, 10, 20, 50, 100, and 500 peso denominations. The Philippine peso is equivalent to fifty cents in United States currency.
The P200 denomination of paper money now in circulation in the Islands was formerly issued by the Bank of the Philippine Islands, but its issuance has been discontinued.
DIRECTORY
GOVERNMENT OFFICES
BUREAU OF HEALTH
BUREAU OF PRINTING (P.O. Box 157)
Director-Pablo Lucas
P.O. Box 619 (Manila)
Director of Health-Jacobó Fajardo, A.B.,
M.D.
DEPARTMENT OF FINANCE
(Ayuntamiento Bldg., Walled City) Actg. Secretary of Finance-V. Singson
Encarnación
Under Secy. of Finance-Vicente Carmona Under Secy. of Finance-Guillermo Gomez Chief, Budget Office-R. Ceballos Chief Clerk Jose L. Celeste
BUREAU OF CUSTOMS
(Port Area)
Insular Collector-Vicente Aldanese
nsular Deputy Collector-Jesus Obieta
BUREAU OF INTERNAL REVENUE (229, Juan Luna)
Collector-Juan Posadas
Deputy Collector-Alfredo L. Yatco
BUREAU OF THE TREASURY
(Interndencia Building)
Insular Treasurer-Salvador Lagdameo
DEPARTMENT OF JUSTICE (2, Arzobispo, Intramuros) Secretary-Jose Yulo
BUREAU OF JUSTICE Solicitor-General-Serafin P. Hilado Assist. Attorneys-Emilio Peña, Salvador Abad Santos, Ramon Quisumbing, Jose P. Melencio Catalino Buenaventura, Antonio E. Cuyugan, Felipe Natividad, Emilio Rilloraza, Natividad Almeda- Lopez, Francisco Ventura, Felix Bautista Angelo, Arsenio Paez, Marcial P. Lichan- co, Roberto Concepcion, Pompeyo Diaz, and Raphael Dinglasan
PUBLIC SERVICE COMMISSION.
(86, Sta Potenciana, Intramuros) Public Service Commissioner-Luis P.
Torres
GENERAL LAND REGISTRATION OFFICE
(Metropolitan Theatre Building) Chief-Enrique Altavas
No comments yet.
Private notes are available after approval.