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No. S. 259. Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 30th September, 1927, as
certified by the Managers of the respective Banks :---
BANKS.
Chartered Bank of India, Australia and China
Hong Kong and Shanghai Banking Corporation.......
Mercantile Bank of India, Limited...
AVERAGE AMOUNT.
SPECIE IN RESERVE.
$
14,597,420
5.800,000*
46,221,200. 34,000,000+
1,771,110
580,000$
TOTAL
$
62,589,730
40,380,000
* In addition Sterling Securities deposited with the Crown Agents valued at £1,271,100.
In addition Securities deposited with the Crown Agents and Straits Government valued at
£3,287,205.
§ In addition Securities deposited with the Crown Agents valued at £180,000.
No. S. 260.-The following statement of the securities lodged with the Crown Agents by the Mercantile Bank of India, Limited, against their notes in circulation, is published for general information under Section 5 of the Mercantile Bank Note Issue Ordinance, 1911, (Ordinance No. 65 of 1911) :-
Amount.
Nominal Value.
Price when deposited.
Latest market price.
Security.
51% Treasury Bonds repayable
@ 100 in 1930
£130,000
(No advice yet)
50,000
7th October, 1927.
£180,000
1013-102
E. R. HALLIFAN,
Colonial Secretary.
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