192486-1932-Supplementary-Bank-Notes-Circulation-May — Page 1

553

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 204.-Returns of the Average Amount of BANK NOTES in Circulation and of Specie in Reserve in Hong Kong, during the month ended 31st May, 1932, as -certified by the Managers of the respective Banks :-

BANKS.

AVERAGE AMOUNT.

SPECIE IN RESERVE.

$

$

8,300,000*

132,313,985 | 112,000,000†

3,176,020

1,350,000$

Chartered Bank of India, Australia and China

Hong Kong and Shanghai Banking Corporation...

Mercantile Bank of India, Limited.....

21,501,021

TOTAL

$ 156,991,026 121,650,000

* In addition Sterling Securities are deposited with the Crown Agents valued at £1,463,400.

In addition Securities deposited with the Crown Agents and Straits Government valued at

£2,747,000.

§ In addition Securities deposited with the Crown Agents valued at £190,000.

2nd June, 1932.

E. R. HALLIFAX,

Colonial Secretary.

COLONIAL SECRETARY'S DEPARTMENT.

No. S. 205.-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) :-

Security.

Amount.

Nominal Value.

Price when deposited.

5% Treasury Bonds payable

@ 100 in 1933/1935

£190,000

2nd June, 1932.

Latest market price.

1011-102

E. R. HALLIFAX,

Colonial Secretary.